Loading…
ELSS (tax saving) · NJ Mutual Fund · AMFI code 151609NJ ELSS Tax Saver Fund
Disclosed for 38 months, Jun 2023 to Sep 2026.
Portfolio value
₹217 Cr
up ₹19.6 Cr vs May 2024
- Stocks held
- 25
- unchanged
- Top 10 weight
- 51.4%
- of the portfolio in its ten largest
- Cash & debt
- 0.9%
- cash, money market and debt
- Moves this month
- 0 in · 0 out
NJ ELSS Tax Saver Fund is an active equity fund in the ELSS (tax saving) category from NJ Mutual Fund. In June 2024 it disclosed 25 stocks worth ₹217 Cr, up ₹19.6 Cr from May 2024. Its largest positions were Hindustan Aeronautics Limited (8.1%), Bharat Electronics Limited (6.5%), Nippon Life India Asset Management Limited (5.8%); the ten largest together made up 51.4% of the portfolio, and IT - Software was the biggest sector at 25.7% of its equity. Cash and debt stood at 0.9%. Compared with May 2024 the fund entered 0 new stocks and exited 0.
Against 46 other ELSS (tax saving) funds
Concentration
87%
Top-10 weight is higher than 87% of peers
Breadth
2%
Holds more stocks than 2% of peers
Cash
2%
Holds more cash than 2% of peers
What these mean: concentration · cash
Holdings in June 2024
Download CSVEvery line the fund disclosed, with the change against May 2024. Click a column to sort; click a company to see every fund that owns it. New to these? How to read a portfolio.
| Hindustan Aeronautics Limited | 8.07% | down 0.17 pts | ₹17.5 Cr | up ₹1.3 Cr | Added |
| Bharat Electronics Limited | 6.54% | down 0.29 pts | ₹14.2 Cr | up ₹70 L | Added |
| Nippon Life India Asset Management Limited | 5.81% | down 0.02 pts | ₹12.6 Cr | up ₹1.1 Cr | Added |
| Bajaj Auto Limited | 5.54% | down 0.19 pts | ₹12 Cr | up ₹72 L | Added |
| Power Grid Corporation of India Limited | 4.90% | down 0.06 pts | ₹10.6 Cr | up ₹85 L | Added |
| Mahanagar Gas Limited | 4.59% | up 0.56 pts | ₹10 Cr | up ₹2 Cr | Added |
| HDFC Asset Management Company Limited | 4.46% | down 0.22 pts | ₹9.7 Cr | up ₹43 L | Added |
| Colgate Palmolive (India) Limited | 4.19% | down 0.04 pts | ₹9.1 Cr | up ₹74 L | Added |
| Bayer Cropscience Limited | 3.71% | up 0.71 pts | ₹8.1 Cr | up ₹2.1 Cr | Added |
| ICICI Securities Limited | 3.60% | down 0.07 pts | ₹7.8 Cr | up ₹57 L | Added |
| Britannia Industries Limited | 3.57% | down 0.08 pts | ₹7.7 Cr | up ₹54 L | Added |
| Abbott India Limited | 3.52% | down 0.04 pts | ₹7.6 Cr | up ₹60 L | Added |
| HCL Technologies Limited | 3.49% | up 0.07 pts | ₹7.6 Cr | up ₹82 L | Added |
| Sonata Software Limited | 3.31% | up 0.20 pts | ₹7.2 Cr | up ₹1 Cr | Added |
| Tata Consultancy Services Limited | 3.27% | down 0.05 pts | ₹7.1 Cr | up ₹54 L | Added |
| Marico Limited | 3.23% | down 0.16 pts | ₹7 Cr | up ₹32 L | Added |
| Infosys Limited | 3.23% | up 0.10 pts | ₹7 Cr | up ₹82 L | Added |
| CRISIL Limited | 3.20% | down 0.14 pts | ₹6.9 Cr | up ₹36 L | Added |
| L&T Technology Services Limited | 3.17% | up 0.04 pts | ₹6.9 Cr | up ₹70 L | Added |
| Coforge Limited | 3.16% | up 0.05 pts | ₹6.9 Cr | up ₹72 L | Added |
| MphasiS Limited | 3.05% | down 0.01 pts | ₹6.6 Cr | up ₹57 L | Added |
| LTIMindtree Limited | 3.05% | up 0.17 pts | ₹6.6 Cr | up ₹94 L | Added |
| Tata Elxsi Limited | 2.86% | down 0.21 pts | ₹6.2 Cr | up ₹15 L | Added |
| ITC Limited | 2.83% | down 0.24 pts | ₹6.1 Cr | up ₹9 L | Added |
| Asian Paints Limited | 2.73% | down 0.18 pts | ₹5.9 Cr | up ₹17 L | Added |
| Cash, TREPS & receivables | 0.92% | up 0.28 pts | ₹2 Cr | up ₹74 L | Added |
What changed, May 2024 to Jun 2024
New New positions (0)
None.
Exited Exited (0)
None.
Added Biggest additions
- Bayer Cropscience Limitedup ₹2.1 Cr (+0.71% pts)
- Mahanagar Gas Limitedup ₹2 Cr (+0.56% pts)
- Hindustan Aeronautics Limitedup ₹1.3 Cr (−0.17% pts)
- Nippon Life India Asset Management Limitedup ₹1.1 Cr (−0.02% pts)
- Sonata Software Limited ₹1 Cr (+0.20% pts)
Sectors
Which sectors the fund is moving towards and away from, and where its money sits now. Shares are of the fund’s classified equity holdings, so they add up to 100%.
Where the weight moved
Compared with
Since May 2024, the weight rose most in Fertilizers & Agrochemicals (+0.7 pts) and Gas (+0.6 pts), and fell most in Aerospace & Defense (−0.4 pts) and Capital Markets (−0.3 pts).
- Fertilizers & Agrochemicals3.0% → 3.7%+0.7 pts
- Gas4.1% → 4.6%+0.6 pts
- IT - Software25.3% → 25.7%+0.4 pts
- Aerospace & Defense15.2% → 14.7%−0.4 pts
- Capital Markets14.3% → 14.0%−0.3 pts
- Diversified FMCG3.1% → 2.9%−0.2 pts
- Consumer Durables2.9% → 2.8%−0.2 pts
- Automobiles5.8% → 5.6%−0.2 pts
- Agricultural Food & Other Products3.4% → 3.3%−0.2 pts
A sector’s weight changes when the fund buys or sells, and also when its shares rise or fall in price, so a change is not by itself a sign of buying or selling.
Main sectors’ weights over time
| Sector | Jun 2023 | Dec 2023 | Mar 2024 | May 2024 | Jun 2024 |
|---|---|---|---|---|---|
| IT - Software | 28.0% | 32.3% | 29.1% | 25.3% | 25.7% |
| Aerospace & Defense | — | 9.4% | 10.5% | 15.2% | 14.7% |
| Capital Markets | 12.7% | 12.6% | 13.2% | 14.3% | 14.0% |
| Automobiles | 4.0% | 4.5% | 5.9% | 5.8% | 5.6% |
| Power | 4.1% | 4.0% | 4.6% | 5.0% | 4.9% |
| Gas | — | 3.9% | 4.4% | 4.1% | 4.6% |
| Personal Products | — | 4.3% | 4.4% | 4.3% | 4.2% |
| Fertilizers & Agrochemicals | 4.0% | 3.5% | 3.2% | 3.0% | 3.7% |
| Food Products | — | 4.0% | 3.6% | 3.7% | 3.6% |
| Pharmaceuticals & Biotechnology | 7.9% | 3.3% | 3.8% | 3.6% | 3.6% |
Allocation in Jun 2024change vs May 2024
- IT - Software (8)25.7%▲ 0.4 pts
- Aerospace & Defense (2)14.7%▼ 0.4 pts
Cash and debt
The share of the portfolio not in shares: cash and net receivables, money-market instruments and bonds, as disclosed each month. Cash can dip below zero when payables, often on derivative positions, exceed it. A change here describes what the fund did; it is not a signal. More on reading cash.
Cash & debt, Jun 2024
0.9%
▲ 0.3 pts vs May 2024
- Cash alone
- 0.9%
- cash and net receivables
- A year earlier
- 0.6%
- Jun 2023 · now ▲ 0.3 pts
- Last 12 months
- 0.1% – 2.1%
- lowest to highest · record 2.1% in Mar 2024
History
Disclosed portfolio value by month, with the stocks the fund entered and exited against its previous disclosure. Every month is a link to that portfolio.